New Downward Trend in Home Prices for 11560 Zip Code Real Estate Market

Over the last 30 days, the 11560 zip code market looked healthy with eight homes sold, a 33.3% increase from last week's report. In comparison, the nearby 11050 zip code had 42 sales in the same time frame, the most of all neighboring zip codes. The median sales price of homes sold came in at $582,500, which extended a downward swing in price to four weeks. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 11560 zip code is still a definite buyer's market.

If you are curious about inexpensive homes in the 11560 zip code, start off by checking out these great listings:

$300K   $465K   $499K  

Get started right now by checking out 11560 homes for sale or reviewing 11560 real estate trends.

Demographic facts about the 11560 zip code:

  • The rating for this area for population growth is 44. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $23.43/$1,000.
  • The area's commuter length breakdown is: <15 min (28.3%), 15-29 min (24.3%), 30-44 min (22.0%), 45-59 min (7.3%), >60 min (18.1%).

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
TAB Realty LLC
Snapped 2 homes in this area
Daniel Gale Assoc Inc
Snapped 2 homes in this area
Daniel Gale Assoc Inc
Snapped 1 home in this area

Agents that specialize in this area
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